| Reports
Energy Capital: Libya Is Witnessing Notable Development in the Oil Sector — Here Are the New Investments
The Energy Capital website stated on Sunday that SLB has seen significant activity in Libya’s oil sector in recent months. The company has implemented advanced technologies in drilling, well-site identification, and production optimization in priority fields, while expanding its operations through new contracts. This includes a major agreement to drill three wells, reflecting deeper cooperation with the National Oil Corporation to boost crude oil production, modernize operations, and support the country’s long-term sustainable development goals.
The website also noted that NESR is a leading, fully integrated global provider of energy services with deep roots in the Middle East and North Africa. The company offers comprehensive expertise across exploration, production, transportation, storage, refining, and marketing. NESR has expanded its footprint in North Africa after winning production services contracts in Libya and Algeria worth more than USD 100 million in August 2025. Its participation in LEES 2026 underscores its commitment to improving production, rehabilitating existing industrial sites, and supporting large-scale exploration and production projects that are essential to Libya’s production growth.
The site added that, thanks to its extensive experience in well services, engineering, manufacturing, and project management, NESR holds a leading position in delivering integrated solutions across the Middle East and North Africa.
It further confirmed that NESR’s participation in LEES 2026 reflects its commitment to supporting Libya’s efforts to enhance production, particularly in redeveloping existing fields, developing marginal fields, and executing large-scale exploration and production projects capable of unlocking significant additional production capacity from current assets.
At the same time, the Delta United Group contributes broad expertise in energy infrastructure, logistics, and complex field operations. With operations covering approximately 90% of Libya’s oil market, the company is considered a key partner for operators seeking to accelerate production and strengthen supply chains. Its experience in complex field operations, modular facilities, and technical services positions it as a strategic partner for operators and investors aiming to speed up production growth and enhance operational reliability, according to the website.